My account had this thing on it last month where it compared my usage to the neighborhoods. I electricity usage is way lower than average because I live in an apartment and not one of the massive houses around here, but my gas is way higher than average because I cook three meals a day and people in those massive houses are always eating out!
Excellent video. As an advocate for reform of this residential market- this electricity market was re-structured, which is code for re-regulated in the interests of the Retail energy suppliers. Video mentions "purchase of receivables," the industry drug that means a door-to-door-100%-commissioned salesman, from the community, can sell to a low-income account. Supplier gets paid even if household can't pay bill. (you pickup the cost! ) Buried in ALL contracts is that prices will soar, unless you figure out your bill. Can you see your mom, sister, uncle, buddy at Pickle ball computing the extra they paid? This bill is from a guy in Baltimore City, he didn't enroll legally, got "slammed" as the WSJ article reported-he paid an extra $2635.10 to IDT for the same, exact electricity as BGE charged. Legislators & regulators created this, now they need to fix it.
Man it cracks me up every time people try to reform capitalism, " consumers need better education from the industry" you mean to tell me these private electric companies are gonna want to educate the very customers that they're ripping off? Comedy
@@agisler87 yea Okay buddy capitalism is so great it only crashes every like 10 years. Soon as the government “took its hands off capitalism” and let the “free market” /corporations decide electric prices in Texas they ended up paying twice the national average and still literally froze to death but keep rooting for a system that exploits you. Bootlicker
@@whodeani2216 I would rather it crash every 10 years than the increased poverty of moving to another system. It's not perfect but better than anything else. It's also pretty easy to argue that the crashes are only because of government involvement. We don't here about the severe crash of 1920 because it was short thanks to lack of government involvement. Unlike 1929 and what lead to 2008. Yes during the winterstorm we paid twice the national average, but in normal times our electricity costs are cheap.
I know for a fact my bill is lower than my neighbors. I’m lucky enough to get the friends and family hook up from a friend that works in O&G. My 1700 sq ft home stays at 70 degrees in TX and my monthly bill is $95 / month. 😊 It’s legit my only flex.
You can make a case electricity and railway are natural monopolies and therefore should be government run.. I don't believe that myself. Petroleum however I don't see any case for why that should be government ran. It's a commodity that doesn't require massive infrastructure.
The UK system is split into two/three I think. National Grid for transmission. Generation and/or retail suppliers. Often the little guys are the cheapest, with the "Big 6" being the most expensive
@@jamesbedford7327 Yeah, we have like yearly automatic switching servies to ensure your getting the best deal price along with constant adverts everywhere for the more traditional switching sites
That’s not different from Cambodia, during COVID-19 outbreaks and lockdown the city, electricity bills are increased more than usual, and authorities told people in the city have to pay for the bill
There pretty none existant here in Michigan due to the electric co. Started charging the alternative electric companys for using there infrastructure. Which killed the cost savings.
The entire system is a flaw, ‘modest profit’ doesn’t allow the system to be efficiently upgraded. The state should own the entire thing as they’ve a proven they can just print money to make problems go away
All this video does is highlight how everyone loves a "market" economy as long as it's benefiting them but when things go badly and it's time to pay up (ALWAYS an eventuality, not if but when) they don't want to pay and then want the "socialist" solution of controlled pricing. Can't have it both ways.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
My account had this thing on it last month where it compared my usage to the neighborhoods. I electricity usage is way lower than average because I live in an apartment and not one of the massive houses around here, but my gas is way higher than average because I cook three meals a day and people in those massive houses are always eating out!
This should be a “How To” video of Texas
Excellent video. As an advocate for reform of this residential market- this electricity market was re-structured, which is code for re-regulated in the interests of the Retail energy suppliers. Video mentions "purchase of receivables," the industry drug that means a door-to-door-100%-commissioned salesman, from the community, can sell to a low-income account. Supplier gets paid even if household can't pay bill. (you pickup the cost! ) Buried in ALL contracts is that prices will soar, unless you figure out your bill. Can you see your mom, sister, uncle, buddy at Pickle ball computing the extra they paid? This bill is from a guy in Baltimore City, he didn't enroll legally, got "slammed" as the WSJ article reported-he paid an extra $2635.10 to IDT for the same, exact electricity as BGE charged. Legislators & regulators created this, now they need to fix it.
Man it cracks me up every time people try to reform capitalism, " consumers need better education from the industry" you mean to tell me these private electric companies are gonna want to educate the very customers that they're ripping off? Comedy
Capitalism doesn't need reform. It's the best system. We just need government to stop putting it's foot on the back of capitalism.
@@agisler87 yea Okay buddy capitalism is so great it only crashes every like 10 years. Soon as the government “took its hands off capitalism” and let the “free market” /corporations decide electric prices in Texas they ended up paying twice the national average and still literally froze to death but keep rooting for a system that exploits you. Bootlicker
@@whodeani2216 I would rather it crash every 10 years than the increased poverty of moving to another system.
It's not perfect but better than anything else.
It's also pretty easy to argue that the crashes are only because of government involvement. We don't here about the severe crash of 1920 because it was short thanks to lack of government involvement. Unlike 1929 and what lead to 2008.
Yes during the winterstorm we paid twice the national average, but in normal times our electricity costs are cheap.
Yes, because we all love free lightbulbs
I know for a fact my bill is lower than my neighbors. I’m lucky enough to get the friends and family hook up from a friend that works in O&G. My 1700 sq ft home stays at 70 degrees in TX and my monthly bill is $95 / month. 😊 It’s legit my only flex.
Mine is only $110 a month on a 4berrom 2600 sq because my house is an energy efficient house built in 2020
Hi friend, you looking good that I couldn't resist to say hi
Im in tx paying 300-600/mo
In GA we have not for profit co-ops. Seems okay, we get like 30% of our electricity from nuclear/solar.
Electricity, Railways, Petroleum are some of the things that any government shouldn’t privatize.
You can make a case electricity and railway are natural monopolies and therefore should be government run.. I don't believe that myself.
Petroleum however I don't see any case for why that should be government ran. It's a commodity that doesn't require massive infrastructure.
I disagree, but I feel like regulations are needed.
Should look at the insane amount of comparing servies in the UK. Seems to be a good model
The UK system is split into two/three I think. National Grid for transmission. Generation and/or retail suppliers.
Often the little guys are the cheapest, with the "Big 6" being the most expensive
@@jamesbedford7327 Yeah, we have like yearly automatic switching servies to ensure your getting the best deal price along with constant adverts everywhere for the more traditional switching sites
That’s not different from Cambodia, during COVID-19 outbreaks and lockdown the city, electricity bills are increased more than usual, and authorities told people in the city have to pay for the bill
You must be tossing my salad if you think I'm going to pay more than my neighbor.
My neighbors connect to my socket and charge their Tesla.
Does he also connect his power shaft to your wife?
Rip
@@Martcapt 😂😂😂
@@Martcapt legit
You should cover other countries also .. their also you have subscriber base
If it’s hot I just sleep in my basement.
🤣 nice
Next up is water
There pretty none existant here in Michigan due to the electric co. Started charging the alternative electric companys for using there infrastructure. Which killed the cost savings.
red lining !
Nice video.
But what if I am the neighbor?!
im pretty sure the first guy who know how hydroelectricity works did it for non profit but later being used for business
I'm going back to burning wood and coals.
from 220 volts it went down to 110 volts. now with advanced technology why hasn't it gone down to 50 volts?
SOS rate should b ¿Achievable? eye'm at 12 cents in NJ not eight ¿Help?
Cleco Louisiana is greedy; God doesn't like greed 🙏🏻
How much would it cost when not using fossil fuels ? You know the safe energy methods ?
thought electricity is universal facility
My toaster is just better than yours that’s why.
Cool
Crypto minang *JAXX* ^ prices.
The entire system is a flaw, ‘modest profit’ doesn’t allow the system to be efficiently upgraded. The state should own the entire thing as they’ve a proven they can just print money to make problems go away
How is this possible.
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Dumb people and their money will be parted...
All this video does is highlight how everyone loves a "market" economy as long as it's benefiting them but when things go badly and it's time to pay up (ALWAYS an eventuality, not if but when) they don't want to pay and then want the "socialist" solution of controlled pricing. Can't have it both ways.
well even if they(read us citizens) die they(read us citizens) won't accept the fact capitalism sucks them dry! 😂😂😂😂
It's great for consumers who actually do the leg work and not for idiots who say yes to any man who shows up to their door. Sounds good to me.
Not always about who is smart. Lots if people don't even have time to think about this kind of thing after working two full time jobs
Bad business is bad business no matter who you do it to.
What about with an EV car racists
Third!
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First
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Poor people pay way more
Yeah I’m getting home solar. This is absurd.
Solar panels are also expensive, however, over the long term, you would save money. Clearly, you have no knowledge of this...
@@NVGEAR Exactly! I am waiting for Solar panels to decrease in price and become the norm! The prices are ridiculous!